Azerbaijan’s budget surplus rises about 45%

In January 2023, Azerbaijan’s budget revenues stood at 4,006.5 million manats ($2.36 billion) and expenditures at 1,457.9 million manats ($0.86 billion), respectively, up 45.9% and 48.3% from the previous year, Report informs, citing the State Statistical Committee.

Consequently, the surplus amounted to 2,548.6 million manats (nearly $1.5 billion), 44.5% more than the previous year.